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20130119
20130119
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Search Results 0 to 49 of about 88 (some duplicates have been removed)
over the debt ceiling, republicans backed down. he this raised the borrowing limit, but just for three months. and if democrats don't agree to a budget of deep spending cuts by april, they cut off lawmakers paychecks. >> why should the american public pay elected officials if they do not do their fundamental right and passes a budget. >> it's been a long time since we have seen a positive to dee fine a second term. >> the bush second term was plagued by iraq and scandal. amid the preparations for celebration, the new obama term starts with a buth confrontation. >> white house is trying to put a bright spin on it saying that the republicans have backed down from what the white house calls the threat to hold the u.s. economy hostage. >> thank you, steve. we will have continuing coverage throughout the weekend, our political analyst will join our team ofrespondents as the president begins his second term. the big public swearing in is on monday. >> i remember four years ago it was bitter freezing temperatures. it will be better, jeff? >> yeah, looks more mild and that is good news in wash
yesterday when republican budget chairman paul ryan told members they need to be prepared for a debt ceiling increase. the attitudes from republican leaders are a lot different today. senator jon cornyn of texas wrote an op-ed said it may be necessary to partially shut down the government in order to secure the long-term fiscal well-being of the country. now cornyn tells the chronicle editorial board we will raise the debt ceiling. we are not going to default on our ded debt. two years ago, they were gloating over their debt ceiling hostage strategy. >> no president in the near future, maybe in the distant future, will be able to get the debt ceiling increased without a reignition, reigniting of the same discussion of how do we cut spending and get america headed in the right direction. i expect the next president, whoever that is, will be asking us to raise the debt ceiling again in 2013. we'll be doing it all over. >> today, mitch mcconnell doesn't sound so tough. instead of demanding spending cuts on entitlement reform, here is his new demand. the american people expect the senate to fina
of his biggest fights. president obama warned republicans about taking the debt ceiling hostage. it looks like they heard the message. >> the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is rung short. >> republicans made their choice during a gop retreat in williamsburg, virginia. house majority leader eric cantore reportedly has plans for three months. in a statement the white house responding, saying, we are encouraged. there are signs congressional republicans may back off their insistence on holding our economy hostage to extract drastic cuts in medicare, education and programs middle class families depend on. the temporary nature of the increase is somewhat troubling. a white house official told nbc news it's a terrible way to run the country. but the aide gave no indication president obama would veto a temporary extension if this is how congressional republicans want to govern, so be it. they already have an approval rating of, l
of the classroom. is it legal? we will debate. house republicans agree to raise the debt ceiling. one condition stay with us. ♪ ♪ gerri: republicans go for a short-term increase in the debt ceiling, but how can we tackle ♪ gerri: retreating or regrouping? house republicans putting to a vote raising the debt ceiling for three months, but are they backing off of their demands for spending cuts in exchange for raising the debt limit? with more on this, grover norquist, president for americans for tax reform. great to have you here. other republicans doing the right thing? >> i think so. there are three tools the republicans have to force obama to focus on spending, which she does not want to do it and will do unless forced. first is the sequester which starts march 1st or 2nd. that is a hundred billion dollars per year. that is the real cut in spending that will happen. the other one is the continuing resolution which starts march 4/7. we have a continuing resolution. they are the republicans that can put obama on a very short leash and only give him a continuing resolution for a week for tw
to the president's declaration that he won't negotiate over the debt ceiling, republicans backed down. they raised the borrowing limit but just for three months. and if democrats don't agree to a budget to spending cuts by april, they cut off lawmakers' paychecks. >> why should the american public pay elected officials if they don't do the fundamental job to pass the budget. >> reporter: since richard nixon resigned, second terms have had negative starts. >> it's been a long time since we've seen an effective second term. >> reporter: the bush 43 second term plagued by iraq and katarina and scandal and impeachment. the new obama term starts with a budget confrontation. i'm steve handlesman, nbc bay area news. >>> and we will have coverage throughout inauguration weekend. larry gerston will have live reports as president obama begins his second term. >>> many people believe the political climate continues to get worse. how much should president obama be blamed? one of the most accomplished washington insiders is speaking out about mr. obama. we sit down with the former secretary of labor robert rei
republicans agree to raise the debt ceiling. one condition stay with us. ♪ look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd spiriva helps me breathe better. (blowing sou) ask your doctor about spiriva. ♪ gerri: republicans go for a short-term increase in the debt
term. when he came -- what he came to talk about was the debt ceiling. he said we should not be a deadbeat nation. that was the quote of the day. so what was the point of making that, the subject of this final fight? >> well because he knows that republicans wants to make this the center piece of their fight for the next couple of weeks which is you use this debt ceiling vote to gain some leverage because when you're in the minority, you've got nothing but threat. to use this dead ceiling fight wlosht we're going to pay our bills as a way to have spending cuts. the republican house are backing away from that saying, fine, we're going to extend this debt ceiling. we're going to pass something for a short period of time but in the interim we better get sot cuts. >> you're talking about what the house republicans put out today. isn't -- i hate to use the term -- kicking the can down the road. isn't this just taking us back to where we were before, delaying the inevitable? >> yes, but it's not just about the debt ceiling. this is one of the reasons the inauguration comes at s
the next debt ceiling be reached, annoy, remember the republicans -- and even harry reid suggested that they do this every six months, get a temporary extension and come back in six months. at one point the republicans were proposing three extensions, three votes before the next election. and the president, meeting with his own aides about this said that's it. i'm done. i'm not doing this. this is not how the constitution was meant -- was designed. our founding fathers did not envision a day when members of congress could hold the president hostage by not paying the bills they themselves had racked up. and as often happens in these situations, the cooler heads on his staff said, well, mr. president, we understand how you feel, but we may have to cut the -- no, i'm not going to do it. he was very firm because he believed it was not just affecting him but about preserving the status of the presidency for future presidents. and in the end one of the things he was most proud of in that deal was not giving in to that. but at the time, the debt ceiling story had not been fully told. at t
, next week we will authorize a three-month temporary debt ceiling increase. that was the announcement from the majority leader of the house republicans announcing they are giving up on what they had been saying for months was their plan, to not approve an increase in the debt ceiling to thereby push the country again into a self-imposed economic crisis and threat of defaulting on our national debt and all the panic we know that causes because they did it before in 2011. and eric cantore announced today they are not going to do that again even though they had been saying for months that they would. they gave up today on that threat. that's why the vix panic index stopped panicking today. that's the nice kickoff for what should be a nice weekend for the president. the white house unveiled the president's new second portrait. to refresh your memory, this is the first term one. same flag pin, similar blue tie, i guess. lots more gray up top. i don't know why they decided to go from the close cropped i.d. photo look from the first term to the i'm standing here in my office and i'm happy to
't get your way on the budget. this is, of course about the debt ceiling which smart republicans know full well is a trap for the gop. newt gingrich no stranger to setting up high-stakes showdowns with candidates, put it pretty clearly on joe. >> they have to find in the house a totally new strategy. i mean confronting -- everybody is talking about okay, now here comes the debt ceiling. i think that is frankly a dead loser, because in the end you know it is going to happen. the whole national financial system will come into washington by television and say oh, my god, this will be a gigantic heart attack, the entire economy will collapse, you guys can't be responsible. >> the only problem for john boehner and company, you couldn't just tell them they can't. they wouldn't accept that. so at the retreat this weekend, house republican leaders have been trying to coax their leaders down from the tree, not all the way, not completely on to solid ground, but maybe on a more secure branch. house majority leader eric cantor said next week, we'll authorize a three-month temporary debt limit to
's debt ceiling. top republicans say they will now vote next week to raise the government's borrowing limit for another three months, without demanding immediate spending cuts. they are hoping the move will get democrats involved in the deficit reduction debate by passing a budget by april. >>> and former new orleans mayor, ray nagin, who promised to crack down on corruption, has been indicted on corruption charges. nagin is facing 21 counts, including wire fraud, aun money laundering. mark greenblatt has this story. >> reporter: indicted for construction. the one-time former rock star mayor of new orleans, stands accused of what he campaigned against. >> this state and this city, is saying to the old-line politic toes, we're tired of the games. >> reporter: it's a striking fall from grace for ray nagin, as the justice department indicts him for awarding lucrative contracts and kickbacks in vacation hot spots. he's accused of pocketing more than $200,000 in describes. and the indictment even charges nagin for trying to pocket cash for himself, as the city struggled to recover from hur
with his jobs council? we tackle this and more house republicans finally unveil their new debt ceiling deal. we examine the good combat command ugly with americans for tax reform president grover norquist later. one ohio teacher said she has a crippling fear of being children, but is still being forced to work with them. she says it is discrimination. we have to ask our legal team about this outrageous case. for on the case next on "the willis report." ♪ at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ ale announcer ] just like you, business pro. just like you. go naonal go like a pro. at legal
that happened on christmas day in 2009. and the crisis averted in washington over the debt ceiling standoff, at least for now. house republicans expected to vote on wednesday, to raise the debt limit for another three months. the g.o.p. says the move would give both chambers of congress time to pass a federal budget. if one isn't passed they'll try to prevent members of congress from getting paid. i'm jamie colby, i'll send you back to cavuto on business. see new 30 minutes. >> well, doctor, doctor, give me the news, and a private efficacy group in support of the health care laws is now hosting a tax section with journalists on the best way to cover the president's health care law, offering what they're calling specialized education in health care reporting. charlie gasperino. >> i can't wait to sign up, dude. (laughter) >> isn't that weird and that anyone would sign up for, i'm sorry we got it wrong. >> any, any journalists that signs up for this should be thrown out of the industry immediately and taking-- i'm trying to take it seriously. it's so stupid it's unbelievable. i'm going to p
americans are still being held. the latest in minutes. >>> debt ceiling surprise. republicans retreat on their hard-line position. so why did they make the move and what does it mean for more budget talks? >>> new word today from college football star manti te'o. he tells one network whether he was part of the girlfriend hoax. >>> and a sign of the economy some atm machines will dispense something different in the near future. i guarantee you, though, it's still money. >>> good morning, everyone. welcome to "weekends with alex witt." ahead of the president's second inaugural, more in a moment. first what's happening out there. developing news from algeria. a twist. one confirm apgs of a dead american. the standoff in its fourth dap at the plant near the border with libya. military attempts to free the captive left that one american dead amoung an unknown number of others. five americans worked at that complex. two confirmed having escaped, two more held. algerian state tv said earlier, they helped release hundreds of other hostages. joining us like from the white house, kristen welker
with skepticism. house republicans on friday announced a plan to extend the debt ceiling deadline until mid-april. >> we will extend the debt limit until the timeline when you have a budget and a road map so you stop digging yourself in the hole. part of not having the budget is what's gotten us into this problem in the first place. >> of course, at stake here is the credibility of the u.s. economy and the united states can befall to the national debt and it does not increase the bar. joining me now is the political staff writer, art shapiro, white house correspondent for mpr. good saturday to both of you. >> thank you for having us. >> cheryl, we'll start with you. this new plan pushes the threat of default until mid-april and contingent as congressman mccarty is contingent on the fact that the house and senate will have to both pass budgets and that hasn't happened in some time and congressional salaries also on the line. is this a viable strategy? >> i think it's an interesting strategy. if you're a senate democratic staffer and you just watched house republican leaders come out of the r
, and people are getting tired of it. so really what republicans have done is they have moved the debt ceilings bypassing the date for the se quest ration. and i think the republicans are doing us a favor, because if the sequestration is done in one way, the debt ceiling becomes a -- subject. the other thing people are missing is really the big problem is that the republicans do not press the president and the democratic party to make the tough decisions that we have to make. we need a plan. we need a plan to get out of this debt problem that we have. and that plan begins with a budget. i don't understand why people have a problem with congress being forced to come up with a budget. they are required to do so by law and we really need that to solve the problems of this country. we need a plan and the plan begins with a budget. these people, you know, let's get together on this. and get behind the idea that we have to make the right decisions, the tough decisions and have a pran. host: any belief with this proposal that some type of meaningful dialogue will come about the several partiesal invol
on extending the debt ceiling for at least a three-month period. is this any signs of hope in terms of cooperation or more maneuvering? >> i think this unfortunately more a sign that republicans realize it was horribly damaging to them to continue to jeopardize the full faith and credit of the united states. now, it still does that because they are really perpetrating colossal uncertainty by proposing only to extend the debt ceiling increase by three months. i mean in a fragile recovery like the one we have we need to have certainty, we need to pay our bills, and we need to send president obama a clean debt ceiling increase. >> you also will need to have a budget in place in order to come to that debt ceiling debate as the republicans have laid it out at this point and you're also going to be dealing with the deficit and all of the other issues. so are you basically saying you don't think anything's changed here? >> no. i think the republicans have realized it's a political problem and a real problem if we jeopardize the full faith and credit of the united s
ceiling. in a big shift today, house republicans said they will vote to lift the limit for three months, but on the condition that the senate passes a budget. wall street liked this idea. the dow finished up almost 54 points to hit its highest closing level since december 10th of '07. nasdaq finished with a small loss. s&p 500 was up 5 points. also at five-year highs. >>> in washington tonight, it's starting to feel like a city that's about to host an inauguration. for the 57th time in the history of our republic, and host hundreds of thousands of people on a cold monday in january. our white house correspondent, peter alexander, is in lafayette park across from the white house, in front of the reviewing stand tonight. peter, good evening. >> reporter: brian, good evening to you. those are the best seats in the house, for a variety of reasons, including the fact they have heat. that's where the president and the first family will be watching monday's parade. the second obama inaugural is expected to draw roughly a third of the nearly 2 million people who came here four years ago. ♪ it
for the president, the republicans have been saying, we're not going to raise the debt ceiling unless we have every dollar of the debt ceiling goes to spending of that same amount. they've conceded they're going to extend the debt ceiling without any cuts. but that moves us to now where government funding expires on march 31th. at that point, we'll have a s w showdown in which republicans insist on spending cuts. there will still be some kind of fight. we will have a clock to some kind of catastrophic event that could happen, like we had in december. but it would not be with the debt ceiling. the republicans seem to have conceded to the obama. they're worried that obama has the stronger hand on that particular issue. >> what do you think the gop strategy is here, shirra? >> i think they realize that their caucus cannot handle another divisive fight. there are too many factions within the caucus. they don't want another public fight about it. so they're kicking the can down the road and hope things will be more in their favor by then. >> i spoke to some folks on the set this morning, one of whom sa
. >> president or republicans? >> the president probably has the debt ceiling leverage. a majority of americans want cuts to go along with it. george bush had a 53% rating at his second term. didn't last. >> when you say that the president has leverage on the debt ceiling negotiations, what then was behind the strategy that republicans behind the strategy republicans are putting forthright now saying they'll go along with the short-term extension? >> i think it probably was because the republicans don't have a single voice right now, a common thread. the president has a bully pulpit. two weeks ago, they were trying to figure out what they were saying. >> you were involved in a presidential transition four years ago. what do they have to be prepared with starting on tuesday? >> you know, one of the things i think that's gotten overlooked today, the announcement that they are not going to moth ball that incredible operation they've put up for the election. obama, is now going to be called organizing for action. that is a huge deal. the president has the leverage. he won with a huge mandate. now h
on lifting the debt ceiling. majority leader eric cantor said today republicans want an interim measurto provide about hree more months oboowing authority. the bill would not mandate immediate spending cuts, as house speaker john boehner earlier promised. instead, it would force congress to pass a budget or go without being paid. the government could reach the current debt ceiling by mid-february. ray nagin, the mayor of new orleans during hurricane katrina, has been indicted on charges for corruption. a federal grand jury accused him today of bribery, wire fraud, and money laundering while in office. nagin was the city's mayor from 2002 until 2010. two former new orleans officials and two busessmen have already pleaded guilty in the case. u.s. attorney general eric holder today defended president obama's moves to curb gun violence. the president signed 23 executive orders this week, calling for such things as more research into gun violence. today, in washington, holder told the u.s. conference of mayors that there's no question the orders are legal. >> now let me be very clear. let me
the debt ceiling. anna, we've seen some movement among republicans. what's behind that? is that purely a reality that they don't want to be caught seeing as on the wrong side of brinksmanship in the first go of this? >> you know, we've had a lot of drama already in the beginning of this year. between the fiscal cliff, between the election of speaker boehner. i think people are realizing that the american people are a little trired of drama. but that does not mean that republicans are not committed to addressing the spending policies, addressing the holistic problem. we can't just do it in pieces. at some point the budge it has tot to be balanced as we all balance our budgets at home. but i do think in politics things come in a pendulum. we've had a pendulum of instability, arguing, fighting. i think we'll see it come back to the middle sooner rather than later. >> you think there will be no drama with the debt ceiling? >> oh, absolutely. we should have a little drama. we didn't get into this mess simply by spending our way into it. i think we have to look at it in a wholistic way, in t
Search Results 0 to 49 of about 88 (some duplicates have been removed)